Between 2013 and 2023, the turnover in the packaging paper sector in the Netherlands displayed an overall upward trend. From a value of 2.16 billion euros in 2013 to 2.52 billion euros in 2023, the sector encountered notable fluctuations. Post-2019, the sector faced a decline in 2020 followed by a consistent recovery. The year 2021 marked a significant uptick with an 8.72% increase, stabilizing at a steady growth rate in the subsequent years, albeit with smaller percentage increases.
Going forward, the projections from 2024 onwards suggest a continued positive trend, with the sector anticipated to reach 2.67 billion euros by 2028. The compound annual growth rate (CAGR) for the forecast period is modest at 0.95%, indicating a steady yet slow growth trajectory.
Future trends to watch for:
- Sustainability practices shaping production methods and material choices
- Technological advancements driving efficiency and innovation in packaging solutions
- Changing consumer behaviors and demand for eco-friendly packaging options
- Regulatory policies impacting industry standards and operations
